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I'm interested in creative financing techniques, to include seller financing.Once I reach an agreement on the specific numbers for the deal...how do we set that up? Does the amortization schedule get filed with the s...
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Hi, I am trying to analyze 1 property a day to practice, but also to find one to purchase. This one is a bit out of the city so I set a conservative rent amount of $1,200 for a 2/2. Similar units in a more dense area ...
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I have 10 days for inspection.... I've got my inspection scheduled, getting a lockbox, copying keys....
What all do you do between acceptance and closing?
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I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...
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Hey All,I currently own 3 properties, I live in one (while renting part of it out at the same time) and rent the other 2 completely. Based on what I read, an individual may only write off mortgage interest on up to tw...
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What advice would you offer for hiring contractors to help rehab my first distressed property? I’ve never done one before and am not sure where to start.Thanks for any advice.
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Working to accelerate the pace of our short term holds. Thought this thread could serve as a discussion of tips/techniques that have accelerated the velocity of your flips. i.e. active marketing prior to mls (do y...
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Getting conflicting information on this subject. Both husband & wife on W2 income w/ one rental property.Does creating a LLC help with a lowered tax rate for the rental income? Very sparse information on this subj...
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Hi BP!
Thanks to all the available resources available on BP I have started building a SFR portfolio in Memphis TN.
I've been buying cash, rehab (in some cases), renting, and cashing out with a local bank. some hav...
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Dear fellow BPers,
I am wondering if I can use accumulated rental operating loss to offset capital gains:
1. Gains from sales of rental properties, either related to the operating loss or not.
2. Gains from sales ...